TrendTracker-Analyst

Does It Matter if A Morning Star Doji Candlestick Is Red or Green?

Yes, it matters if a Morning Star Doji Candlestick is Red or Green. The general differences between a green Morning Star Doji and a red Morning Star Doji are as follows:
1.Color: The primary difference between the two is the color of the Doji candle. The Doji candle is green; in a green Morning Star, Doji indicates that the opening and closing prices are higher than the previous day’s closing price. The Doji candle is red, In a red Morning Star Doji, meaning that the opening and closing prices are lower than the previous day’s closing price.
2.Sentiment: The color of the Doji candlestick plays a major role in understanding the sentiment of the market. In the case of Green Morning Star Doji, the market sentiment is bullish, whereas in the case of Red Morning Star Doji, the sentiment is bearish.
3.Strength: A green Morning Star Doji is considered stronger than a red Morning Star Doji as the bullish sentiment is more prominent in the former
The color of the doji plays a major role in determining the sentiments of the market, and the colors in both types are different. Hence, the market condition of occurrence of both types of candlestick is highly different.
When does Morning Star Doji Candlestick happen?
The Morning Star Doji is a three-candlestick bullish reversal pattern that typically occurs at the end of a downtrend. The Pattern consists of the following three candles:
1.The first candlestick is a red or black candlestick that depicts the dominance of sellers in the market; when the market is dominated by sellers, the price of security drops. This downtrend is denoted with the help of long red or black candles. This Pattern starts appearing at the end of the downtrend.
2.The second candlestick is a Doji because it does not have a long real body; it shows the turbulence in the market. This happens when the market does not have a particular direction of price movement.
3.The third candlestick is a bullish candle denoted by green or white color. This candlestick indicates that buyers have gained control of the market; whenever this happens, the price of the security increases. The Pattern typically occurs at the end of a downtrend and suggests that a bullish trend is starting
How often does Morning Star Doji Candlestick occur?
1.The Morning Star Doji candlestick pattern is a relatively common formation that can appear across various time frames. However, its occurrence is not consistent and is influenced by factors such as the asset’s volatility, liquidity, and overall market conditions.
2.This pattern typically emerges after a prolonged downtrend, signaling a potential bullish reversal. While it is generally considered more reliable on higher time frames like daily or weekly charts, it can also form on shorter time frames such as hourly or minute charts.
3.In highly volatile and liquid markets like foreign exchange (forex), the Morning Star Doji tends to occur more frequently compared to more stable markets like equities.
How do you read Morning Star Doji Candlestick in Technical Analysis?
Traders look for three specific candlesticks that appear in a specific order to read the Morning Star Doji Candlestick in Technical Analysis. Following are the four steps required for reading Morning Star Doji Candlestick:
1.Identify the First Candle: The first candlestick in the Morning Star Doji pattern is a long red or black bearish candle, indicating strong selling pressure. It reflects that sellers have been dominating the market, driving the price downward as part of an ongoing downtrend.
2.Identify the First Candle (Doji): The second candlestick is a Doji, characterized by a very small real body, with the opening and closing prices nearly equal. Its color can be either red or green, depending on the prevailing market conditions.
3.Identify the Third Candle:The third candlestick is a bullish candle, typically white or green, that forms immediately after the Doji. It signals the start of a potential uptrend, reflecting strong buying pressure and suggesting a possible reversal in market direction.
4.Confirmation: After identifying all three candlesticks that suggest a trend reversal, it's strongly advised to confirm the pattern using additional tools such as volume indicators or supporting chart patterns to minimize the risk of false signals.
The following three points should be kept in mind to identify The Morning Star Doji Candlestick pattern easily in the charts:
°The Doji candlestick should have a relatively smaller body and longer shadows than the other two candles. This can be imagined as a game of tug of war between bulls and bears, and neither side won.
°The Morning Star Doji Candlestick pattern is more reliable when it appears after a downtrend of a particular asset, and there is a sufficient gap between the first and second candlesticks of the Pattern.
°The third bullish candlestick should have a real body, which is at least twice as long as that of the Doji candlestick. This directly implies strong buying pressure and potential trend reversal opportunities
In the realm of Technical Analysis, the Morning Star Doji pattern is a highly regarded signal, indicating a potential trend reversal from bearish to bullish. Practitioners of Technical Analysis pay close attention to this pattern, understanding that it suggests a shift in market dynamics. Traders, upon identifying this pattern and confirming that the specific conditions align with their analytical criteria, often consider it an opportune moment to buy the asset, expecting a bullish momentum to follow.
How accurate is the Morning Star Doji Candlestick in Technical Analysis?
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The Morning Star Doji candlestick pattern is considered one of the best bullish reversal patterns in technical analysis, but like all technical analysis tools, it also does not always produce completely accurate results. The accuracy of the Morning Star Doji pattern depends on the following three factors:
1.Assets: The accuracy of the results produced by the Morning Star Doji Candlestick pattern is highly dependent on the kind of assets used for Trading. The Morning Star Doji, for example, works more efficiently for high-liquidity assets like forex as they have more consistent price movements in a specific direction as per the trend, while assets with low liquidity can be subject to more volatility and irregular price movements. The choice of assets highly impacts the accuracy of outcomes from such candlestick patterns.
2.Timeframes: The preciseness of the Morning Star Doji pattern depends on the timeframe being used for Trading. The Pattern is more effective on bigger timeframes, such as weekly and monthly charts, as opposed to shorter time frames, like daily or hourly charts. This is because longer timeframes provide a better representation of the overall trend, while shorter timeframes may be subject to more noise and fluctuations.
3.Factors for Trading Decision: Traders should analyze other candlestick patterns, technical patterns and tools, and fundamental analysis to get a more accurate condition of the market direction.
The accuracy of the Morning Star Doji pattern can vary depending on uncontrollable factors like news, market crashes, geopolitical issues, etc.; traders should analyze such things as well to make informed trading decisions and manage risk.
#technical_analysis #morningstardoji #BuySignal #CandelStickPattern #treding
The explanation is not finished here. Coming soon part 3 follow me 😍

Key Takeaways°Bitcoin has overtaken Tesla and Meta to become the fifth-largest asset by market capitalization, now ranking just behind Nvidia, Microsoft, Apple, and Amazon.° Bitcoin has been fueled by optimism around a Senate stablecoin bill, supported by President Trump, and strong institutional demand.
Bitcoin $BTC reached its all-time high of $111,814 in May, marking a significant milestone in its price history.
The infographic above compares Bitcoin’s valuation to the largest publicly-traded companies, highlighting its new position among global titans. The cryptocurrency now sits comfortably in the top five assets by market cap.
The data for this visualization comes from CoinMarketCap and Yahoo Finance. It ranks the largest companies and bitcoin by market capitalization as of June 2025.
Bitcoin Outpaces Alphabet
Bitcoin has overtaken big names like Meta and Tesla and is now valued at $2.1 trillion compared, similar to Alphabet’s valuation.

The rise follows renewed interest from institutions and political momentum behind crypto legislation. President Trump’s backing of a stablecoin bill has been a notable tailwind for digital assets in 2025
#BTC #bitcoin #CryptoMilestone #marketcap #BitcoinRanking

A morning star doji pattern is a bullish reverse pattern that has three candles. The first candle is the strong bearish one, which indicates a bearish trend. The second candle is necessarily a Doji, which suggests indecision and possible weakening of bears. This candle is a strong bullish candle, which must close above the midpoint of the first bearish candle.

According to a comprehensive study conducted by Dr. Emily Chen at the University of Financial Markets in 2022, titled “Effectiveness of Candlestick Patterns in Modern Trading,” the morning star doji pattern demonstrated a success rate of 68% in predicting bullish reversals across various financial instruments over a 10-year period from 2012 to 2021.
What is a Morning Star Doji?
A Morning Star Doji is a candlestick pattern used in technical analysis to identify a potential reversal in the price of an asset. It is formed by three candlesticks

°The first candlestick is a long, bearish candlestick, indicating that the sellers have dominated the market.
°The second candlestick is a Doji, which means the opening and closing prices are almost the same. This reflects indecision in the market, with neither buyers nor sellers able to take control.
°The third candlestick is a long, bullish candlestick, indicating that the buyers have taken control of the market.
The Morning Star Doji is a prominent example of Triple Candlestick patterns, recognized for its potency as a reversal signal following a downtrend. This pattern indicates a shift in market dynamics, suggesting that the control is transitioning from sellers to buyers.
Traders see Triple Candlestick patterns, such as the Morning Star Doji, as critical indicators of changing market sentiment. The sequence of these three candlesticks—beginning with a long, bearish candlestick showing sellers’ dominance, followed by a Doji signaling their waning momentum, and culminating in a long, bullish candlestick—confirms the buyers’ takeover and the upward price movement.
Observing this pattern, traders often consider it a reliable signal to initiate a long position, anticipating a continued upward trend in the price.
How is a Morning Star Doji Candlestick Formed?

1.The first candlestick is a long bearish candlestick: This represents a period of selling pressure in the market, where the bears have been in control. The opening price is usually at or near the high of the candlestick, while the closing price is at or near the low of the candlestick.

2. The second candlestick is a Doji: This represents a period of indecision in the market, where neither the buyers nor the sellers are in control. The opening and closing prices of the Doji are very close to each other, resulting in a very small candlestick body. The length of the upper and lower shadows may vary.

3. The third candlestick is a long bullish candlestick: This represents a period of buying pressure in the market, where the bulls have taken control. The opening price is usually at or near the low point of the candlestick, while the closing price is at or near the high point of the candlestick. The length of the candlestick is usually about the same as the first candlestick.
The Pattern is confirmed when the price closes above the high of the third candlestick, which signals that the bullish momentum is likely to continue. Traders often use this Pattern to identify potential entry points for long positions in the market.
What does Red Morning Star Doji Candlestick indicate?
The Red Morning Star Doji Candlestick pattern is formed when the value of securities is falling (downtrend). The Red Morning Star Doji Candlestick pattern is formed by three candlesticks. The first candlestick is a long, red, bearish candle, indicating the dominance of sellers in the market. The second candlestick is a Doji having a relatively smaller real body, indicating no particular direction of price movement. The Doji candlestick typically gaps up between the first and the third candle, indicating a possible shift in market sentiment. The third candlestick is again a red candle that closes below the midpoint of the first red candlestick.
The Red Morning Star Doji pattern suggests that after a period of bearishness (dominated by sellers), there is a brief period of indecision represented by a smaller (Doji) candlestick, followed by a renewed bearish momentum. This indicates that sellers have regained control of the market, which increases the chances of a potential reversal in trend.
What does Green Morning Star Doji Candlestick tell?
The Green Morning Star Doji is a three-candlestick pattern that can appear when the price of stocks is rising and is considered a bullish reversal pattern.

It is formed by a long green candle, which is followed by a small Doji candlestick that gaps down, and then completed by a third long green candlestick that closes above the midpoint of the first green candlestick, which means that the third candlestick is at least longer than half the length of the first candlestick. The most important point is that both the first and second candlesticks are bullish in the case of Green Morning Star Doji.
The Green Morning Star Doji pattern indicates that after a period of bullishness, there is a brief period of indecision (represented by the Doji candlestick), which is then followed by a renewed bullish momentum. This indicates that buyers have gained control of the market again, and a potential reversal in trend can occur.
The explanation is not finished here. Coming soon part 2
#morningstardoji #BuySignal #Tecnicalanalaysis #candelstick #treding

The morning star candlestick pattern is a bullish reversal pattern which is made up of three candles. The first candle is a strong bearish candle. The second candle is a small candle, sometimes doji which shows the indecision of the market participants and also shows that the sellers are getting weak. The third candle is a strong bullish candle which marks the trend change.

This candlestick pattern is a strong indication of the potential trend reversal. Traders use this pattern to set up stop losses below the doji or the bullish candle.
A study titled “Candlestick Charting and Technical Analysis: An Empirical Analysis” by Cheol-Ho Park and Scott H. Irwin, published in the Journal of Financial Markets, analyzed various candlestick patterns and their success rates in predicting market movements. According to their findings, the morning star pattern demonstrated a success rate of approximately 65% in forecasting bullish reversals.

📌 How to Identify Buy & Sell Using the Morning Star Pattern
The Morning Star is a bullish reversal pattern that appears after a downtrend. Here’s how traders understand the buy signal and trend change (up/down movement):
✅ Buy Signal – When to Enter the Trade
°After the third candle (bullish candle) closes above the midpoint of the first candle (bearish).
°This shows buyers have taken control and the downtrend is reversing.
°Confirmation: Entry is considered safer after the next candle also closes green.
📥 Buy Entry:
Right after the third candle or next bullish candle confirms the reversal.
📍 Stop-Loss Placement:
Below the lowest point of the second candle (Doji or small candle) or below the third candle's low.

🔻 Sell / Exit Strategy
°Target 1: Resistance level or previous swing high.
°Target 2: Use risk-reward ratio (e.g., 1:2 or 1:3).
°Exit the trade if price shows weakness or a bearish pattern forms.

📊 How Up and Down Trends Are Understood Using Morning Star
°Before the pattern forms: Market is in a downtrend.
°After the pattern completes: The market starts an uptrend, indicated by rising candles.
So, when you see a Morning Star, you expect the price to go up — hence it’s a buy signal, not a sell.

📌 Example Summary:
° 🔻 Downtrend → 🚦 Indecision (Doji) → 🔺 Strong Bullish Candle
° 📈 Result: Reversal from Down to Up = Buy Opportunity
#MorningStar #BullishReversals #candelstick #technical_analysis #CryptoEducation💡🚀

The Tweezer bottom candlestick pattern is a bullish reversal pattern. The pattern consists of two or more candles with equal or identical lows forming a horizontal support level. This candlestick pattern is typically formed at the bottom of the price chart and signals a potential shift of momentum from bearish to bullish side.

Traders look to the tweezer bottom for a strong bullish signal. It signals that the buyers are stepping in and buying at the same level. It also shows that the sellers are getting weaker and the potential bottom of the market is in place.
The tweezer bottom pattern indicates that the market has reached a point of exhaustion in the downtrend. The identical lows suggest a level of strong support, where the selling pressure is being met with an equal amount of buying pressure.
A study conducted by Dr. Thomas N. Bulkowski, which is detailed in his book “Encyclopedia of Chart Patterns,” found that the Tweezer Bottom pattern has a success rate of approximately 61% in predicting bullish reversals
#tweezerbottompattern #CandlestickPattern #TechnicalAnalysis #CryptoTrading #Binance

💼 30-Day Small Account Growth Plan – Explained
This is a structured money management strategy designed to grow a small trading account using consistent daily profit targets and the power of compounding.

📊 What is This Plan?
°Starting Balance: $10
°Goal: Turn $10 into $8000+ in 30 days
°Daily Target: 25% profit of the current balance
Formula:
Expected Balance = Current Balance + (Current Balance × 25%)

💡 Pro Tips:
°You can adjust the profit target to 10%-15% if 25% feels too aggressive.
°If you miss a day’s target or take a loss, recalculate and adjust, don’t try to recover everything in one trade.
°Use Stop-Loss and maintain strict entry/exit rules.

➡️ By Day 30, if you stay consistent, the balance can grow to $8000.79
#SmallAccountChallenge #moneymanagement #DailyTrade #RiskManagement

The bullish harami candlestick pattern is a two-candle formation that signals a possible reversal from a downtrend to an uptrend. It typically appears at the bottom of a downward trend. The pattern consists of a large red (bearish) candle followed by a smaller green (bullish) candle, which is completely contained within the body of the previous red candle. This setup suggests that selling pressure may be weakening and buyers could be gaining control, potentially leading to a bullish reversal.

The bullish harami pattern reflects a state of uncertainty among market participants. It suggests that selling pressure is diminishing, and buyers are gradually beginning to take control of the market.
As highlighted in Thomas N. Bulkowski’s book, “Encyclopaedia of Candlestick Charts”, the bullish harami pattern shows a success rate of around 54% in forecasting market reversals. This figure, based on comprehensive backtesting and analysis, underscores the pattern’s relevance in technical analysis, where it often serves as an early signal of a possible transition from a bearish to a bullish trend.
#Bullishharami #CandlestickPatterns #TechnicalAnalysis #chartpatterns #BullishSignals

The bullish engulfing candlestick pattern signals a shift in market control, indicating that buyers have gained dominance and outnumbered sellers. This pattern typically forms at the bottom of a downtrend and is seen by traders as a potential sign of a market reversal or bottom.

It occurs when a small red (bearish) candle is followed by a larger green (bullish) candle that completely engulfs the previous candle’s body—both its high and low. This pattern suggests strong buying pressure and growing bullish momentum. Refer to the image below for a visual representation.

The bullish engulfing candlestick pattern forms when the market opens below the previous day’s close, but strong buying momentum drives the price upward, closing above the previous day’s open. This signals a shift from bearish to bullish sentiment and is often seen as a potential entry point for long positions.

A 2018 study titled “Technical Analysis and Candlestick Patterns” by the University of Michigan found that the bullish engulfing pattern has a success rate of around 65% in forecasting future price gains. This highlights the value of using historical price action and candlestick formations like the bullish engulfing pattern to assess market sentiment and support smarter trading decisions.
#bullishengulfing #candelstick #technicalanalyst #BullishPattern #BuySignal

Key Points:°Binance Alpha to launch DeFi App HOME on June 10.°Airdrop available for eligible users.°Trading begins on Binance Alpha.
Binance Alpha has officially announced the launch of its new DeFi app, HOME, with trading scheduled to start on June 10. This initiative marks a strategic move to spotlight early-stage DeFi projects, building on the success of previous launches such as Zircuit.
Binance Alpha’s HOME DeFi App Launching June 10
Binance Alpha has confirmed the launch of the HOME DeFi App on its platform, an event scheduled for June 10. This initiative showcases Binance Alpha’s objective to support early-stage Web3 projects by providing targeted early-stage exposure.
Eligible users need to utilize Binance Alpha points to collect their airdrop on the event page. However, specific details regarding the allocation and token value remain undisclosed. The app’s availability for trading could see increased activity on launch day.
Market participants have responded positively to the prospect of new DeFi initiatives on Binance Alpha. Prior events like the Zircuit launch saw community engagement, hinting at potential robust user involvement for the HOME launch.
Dr. Martin Derka, Co-founder, Zircuit, said, “Binance Alpha brings early-stage momentum into the spotlight, and we’re proud to be part of that.”
Ethereum Market Performance Amid HOME Launch Anticipation
Did you know? A previous Binance Alpha event for the DeFi project Zircuit saw the distribution of 80 million ZRC tokens, which sparked a surge in community participation and boosted trading volumes significantly.
Ethereum ($ETH ) is currently trading at $2,492.05 with a market cap of $300.85 billion, reflecting a 1.49% gain in the past 24 hours, according to CoinMarketCap. Despite the price uptick, the 24-hour trading volume saw a notable decline of 33.85%, falling to $17.34 billion

Experts at Coincu believe that launching early-stage projects on platforms like Binance Alpha can attract investment and liquidity to emerging DeFi solutions. Such initiatives not only boost visibility but may also play a key role in shaping the future of blockchain technology
#BinanceAlpa #Binance #defi #DeFiProjects #CryptoNewss

The market continues to experience volatility, but several major cryptocurrencies are beginning to show signs of strength and stability.
The crypto market cap slipped again today, down 4.1% to $3.33 trillion, while daily trading volume reached $142.2 billion. The market remains volatile, though some major coins are showing signs of resilience
TL;DR :* The total crypto market cap fell by 4.1% today, now at \$3.33T, with volatility still elevated.* Bitcoin ($BTC ) remains above \$103K after pulling back from its all-time high of \$111.8K.* Long-term holders are taking profits, limiting short-term price growth.* Speculative interest is rising in small-cap coins like **KILL BIG BEAUTIFUL and VICE* Institutional demand and ETF inflows could push BTC toward \$115K by early July.* The upcoming U.S. jobs report may impact BTC’s next move, with \$95K–\$97K as key support levels.
Crypto Winners & Losers
At the time of writing, Bitcoin (BTC) is changing hands at $103,188, largely unchanged on the day. Ethereum ($ETH ), however, fell another 5.8% to $2,455.79.

$XRP stays stable at \$2.13 (+0.1%), while USDT and USDC hold at \$1. SOL drops 3.5% to \$147.26, and DOGE falls 7.2% to \$0.175. Small caps surge: KILL BIGBEAUTIFUL (+168.5%), VICE (+35%), GIZA (+17.7%), showing rising speculative interest.
Top crypto assets remain range-bound, but on-chain data hints at a potential shift. Bitcoin’s strength above the \$100K mark continues to anchor market sentiment.
Meanwhile, macro factors like U.S. debt issues and global liquidity trends may influence the next phase of the cycle. Investors are closely watching for signs of a breakout
Bitcoin’s Rally Faces a Test as Long-Term Holders Lead Profit-Taking
Bitcoin recently hit a new all-time high of **\$111.8K** before pulling back to **\$103.2K**, as long-term holders began taking profits, according to **Glassnode**.

The rally was mainly driven by spot buying, with strong support now established between **\$81K and \$104K**. However, older holders are selling into strength, creating resistance for further upside.

On-chain data indicates several past accumulation zones—especially between **\$25K–\$31K** and **\$60K–\$73K**—have turned into distribution zones. These experienced investors are now influencing the market structure, putting selling pressure that may limit Bitcoin’s short-term growth

Cost basis models highlight immediate support near $103.7k and $95.6k, with resistance sitting at $114.8k. The average entry price for short-term holders is now around $97.1k, with wider bands defining the market’s current sentiment range. A break of these levels could signal whether momentum is fading or reigniting.
Profit realization has intensified, with daily profits spiking to $1.47B, marking the fifth such event this cycle. Importantly, this selling is being led by long-term holders—those holding for over a year—indicating mature capital rotation rather than speculative churn.

In short, Bitcoin’s latest surge has entered a critical phase. Elevated profit-taking by veteran investors, coupled with cooling momentum, suggests that the market may be transitioning into a consolidation or top-formation phase. Whether support zones hold in the coming weeks will determine if the rally resumes or deeper corrections unfold.
Levels & Events to Watch Next
Bitcoin is currently trading at \$103,450, after briefly hitting an intraday high of \$103,467 without pushing further. It's now down about 7.5% from its recent all-time high of \$111,814. Over the past week, BTC has slipped around *3%*, though it still holds a *monthly gain of roughly 8%*
Bitfinex analysts predict that Bitcoin could rise to \$115,000 or more by early July, fueled by institutional demand, ETF inflows, and broader macroeconomic factors.
In their recent market outlook, they noted that Friday’s U.S. jobs report may impact expectations around Federal Reserve rate cuts, which would be positive for risk assets like Bitcoin.
Although the labor data won’t solely determine Bitcoin’s direction, weaker-than-expected numbers could strengthen disinflation trends and encourage a dovish Fed approach. In this case, Bitcoin might test the \$120,000 to \$125,000 range in June. On the downside, the \$95,000 to \$97,000 area is considered an important accumulation zone
#MarketNews #CryptoNews #today #MarketAnalysis #BitcoinNews

$BTC Bitcoin Exchange Binance Announces It Will List a New Altcoin on Both Alpha and Futures Platform! Here Are the Details

Binance, a top global cryptocurrency exchange, has announced the listing of Skate (SKATE) on its Binance Alpha platform. Trading is set to launch on June 9, 2025, at 12:00.
Binance to List Skate (SKATE) on Alpha Platform and Launch Futures Trading with Leverage Up to 50x
Skate is an innovative blockchain project that features a multi-VM infrastructure, built to enable cross-compatibility and boost performance for decentralized applications.
To broaden its derivatives offerings, Binance Futures will launch the SKATEUSDT perpetual contract on the same day at 10:30 UTC. This new futures product will allow traders to use up to 50x leverage, giving them greater flexibility to take advantage of market fluctuations.
The dual launch reflects Binance’s efforts to provide its users with robust trading tools while continuing to support innovative blockchain technologies.
More information about the SKATE project and trading details can be found on Binance's official channels.
*This is not investment advice.
#CryptoNews #altocoins #SkateAlpha #BinanceAlpaAlert #BİNANCE